let’s keep this very very simple.karoon raised $1bn at $2 which...

  1. 1,194 Posts.
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    let’s keep this very very simple.

    karoon raised $1bn at $2 which was really at 2.30(moved into event ). To buy an asset which has massive growth opportunities and diversified its production.

    its now buying that $1bn back at 1.37 or let’s say at $600m valuation. It’s insane
    its also giving a 5% div yield in the process.

    we have a 8% short interest .. at some point they have to cover.

    this is such an amazing opportunity for all retail investors and to be frankly honest I wish I could buy more.

    you get 40k barrels a day of oil with super low cost in a energy demanding world… with geopolitical risk.

    Goodluck all.
    PB

    Last edited by PointBreak5: 04/12/24
 
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Last
$1.61
Change
-0.025(1.53%)
Mkt cap ! $1.178B
Open High Low Value Volume
$1.62 $1.63 $1.60 $7.714M 4.790M

Buyers (Bids)

No. Vol. Price($)
1 3000 $1.61
 

Sellers (Offers)

Price($) Vol. No.
$1.62 23431 2
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